Confirming you are not from the U.S. or the Philippines

By giving this statement, I explicitly declare and confirm that:
  • I am not a U.S. citizen or resident
  • I am not a resident of the Philippines
  • I do not directly or indirectly own more than 10% of shares/voting rights/interest of the U.S. residents and/or do not control U.S. citizens or residents by other means
  • I am not under the direct or indirect ownership of more than 10% of shares/voting rights/interest and/or under the control of U.S. citizen or resident exercised by other means
  • I am not affiliated with U.S. citizens or residents in terms of Section 1504(a) of FATCA
  • I am aware of my liability for making a false declaration.
For the purposes of this statement, all U.S. dependent countries and territories are equalled to the main territory of the USA. I accept full responsibility for the accuracy of this declaration and commit to personally address and resolve any claims or issues that may arise from a breach of this statement.
Cancel Confirm
We are dedicated to your privacy and the security of your personal information. We only collect emails to provide special offers and important information about our products and services. By submitting your email address, you agree to receive such letters from us. If you want to unsubscribe or have any questions or concerns, write to our Customer Support.
Confirm
Octa trading broker Sign up Log in
Octa trading broker
Open trading account
Trading news
Back
19 Oct 2022

BoE’s Cunliffe: LDI episode is mostly behind us

The Bank of England (BoE) Deputy Governor Jon Cunliffe said on Wednesday that recent market tensions regarding LDI are “mostly behind us”. He mentioned financial markets have to adjust to government fiscal policies and the market panic was caused by politicians.

Regarding LDIs (Liability Driven Investment), Cunliffe said they have got to the point where on average they could absorb an increase of 200 basis points in yields. He said they do not run stress tests on LDIs.

According to the BoE policymaker, there needs to be more coordination between security regulators and central banks.

Market reaction

The pound remains steady on Wednesday after volatile days. GBP/USD is hovering around 1.1255, down near 70 pips amid a stronger US dollar across the board.

Oct 19, 2022

Brent Crude Oil to suffer further weakness, potentially to the March 2021 low at $60.27 – Credit Suisse

Brent Crude Oil is back below key averages. Strategists at Credit Suisse expect further weakness from here. Only a solid rise back above $93.78/102.57
Read more Previous
Oct 19, 2022

Colombia Trade Balance: $-2168M (August) vs previous $-494M

Colombia Trade Balance: $-2168M (August) vs previous $-494M
Read more Next